A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of \$8 per stone for quantities of 600 stones or more, $9 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities. The jeweiry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are $48. It is know that the carrying costs are $2 per year for each stoen. If the order quantity is less than 400 stones, what is the optimal order quantity? 150 250 299 399 A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8 per stone for quantities of 600 stones or more, $9 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities. The jewelry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are $48. If cartying costs are $2 per year for each stone, what is the order quantity that will minimize total annual cost. 400 490 500 600 Chapter 12, problem 14. Ajewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8 per stone for quantities of 600 stones or more, $9 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities. The jewelry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are \$48. It is know that the carrying costs are $2 per year for each stoen. If the order quantity is of 400 to 599 stones, what is the optimal order quantity? 400 490 529 599